Subject To Finance...Or Subject To Difficulties?

by Tim O’Dwyer M.A., LL.B
Queensland Solicitor & Consumer Advocate
watchdog@argonautlegal.com.au

Three recent and sad stories illustrate how real estate consumers can find themselves in unfortunate and costly circumstances. In each case seemingly uncomplicated purchase contracts, subject to finance, soon became subject to unexpected difficulties...

...The moral of these stories is that buying or selling real estate is rarely simple. Every sale or purchase involves a legally binding contract with serious obligations and scary implications. There is always the potential for every straight-forward matter to become complicated, and cause buyers and sellers alike considerable difficulties – to put it mildly.

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